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$169,000

2404 25th Street, Lubbock, TX, 79411

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.7 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesFree-Standing Range, Microwave, Oven, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size6,000 sqft

Building Information

Year Built1948
Roof Type105

Land Information

APNR48775
Lot Number330
SubdivisionCollege Park
Land UseResidential
Legal DescriptionCOLLEGE PARK BLK 3 L 35
Census Tract001401
Assessed Land Value$8,000
Assessed Improvement Value$117,000
Assessment Year2025

About this property

Turnkey investment opportunity with this Heart of Lubbock home, leased through May 2027! Charming 3 bedroom, 2 bath home just minutes from Texas Tech. This spacious property features large rooms with plenty of natural light, beautifully updated bathrooms, and an open layout perfect for comfortable living. Enjoy a huge, fully fenced backyard ideal for entertaining, pets, or relaxing outdoors. The home also includes a covered carport, updated flooring, and modern finishes throughout. Located in a quiet neighborhood close to campus, shopping, and dining. Great chance for any investor looking to add to your portfolio!

Investor Tools

$104,941Estimated Mortgage Balance
$45,059Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

Interested in this property?

Cameron Seale

Williams & Company Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,270
$125,000
2025
$8,000
$117,000
$125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,270
$125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$116,250
No
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,941
$45,059
30%
70%
$697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$697/mo
+$728/mo
11.4%

City: Lubbock

2404 25th Street, Lubbock, TX 79411 | Property Details | No Agent List